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Stock Market & Financial Investment News

News Breaks
February 4, 2013
10:17 EDTPKT, CPA, LFL, S, GDOT, DOV, CS, FIO, UBS, DB, GEOSOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Dover (DOV) initiated with a Buy at Ascendiant Capital... Fusion-io (FIO) initiated with a Neutral at UBS... Geospace (GEOS) initiated with a Buy at Dougherty... Green Dot (GDOT) initiated with a Buy at BTIG... Deutsche Bank (DB) initiated with a Buy at Canaccord... Credit Suisse (CS) initiated with a Hold at Canaccord... UBS (UBS) initiated with a Buy at Canaccord... Sprint (S) initiated with a Neutral at Cowen... Procera Networks (PKT) initiated with a Buy at Needham... LATAM Airlines (LFL) initiated with a Neutral at Credit Suisse... Copa Holdings (CPA) initiated with an Outperform at Credit Suisse.
News For DOV;GEOS;FIO;GDOT;DB;CS;S;UBS;PKT;LFL;CPA From The Last 14 Days
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May 23, 2013
19:45 EDTSCrest reiterates opposition to Sprint-Clearwire merger
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19:37 EDTSDISH secures $9B in financing for Sprint deal, WSJ reports
DISH (DISH) has received commitment letters from five banks, including Barclays (BCS) and Jefferies, for financing for its $25.5B bid for Sprint (S), reports The Wall Street Journal, citing people familiar with the matter. Reference Link
18:13 EDTSDish responds to Softbank claims in attempt to take control of Sprint
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15:29 EDTSSprint, Softbank say all necessary state regulatory approvals received
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11:37 EDTDOVDover hosted a conference call
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10:08 EDTDOVOn The Fly: Analyst Upgrade Summary
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09:22 EDTDOVDover upgraded to Buy from Neutral at BofA/Merrill
08:09 EDTSDISH issues statement on SoftBank and CFIUS
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07:13 EDTDOVDover plans to spin off certain communication technology businesses to holders
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07:10 EDTSSoftBank would allow U.S. influence over Sprint operations, WSJ reports
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06:29 EDTCS, DB, UBSSoftware firm Luxoft files for IPO in New York, Bloomberg reports
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06:08 EDTSOn the Fly: Periodicals Wrap-Up
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May 22, 2013
15:43 EDTSClearwire holder group sees Sprint offer as still too low
Clearwire (CLWR) shareholders Mount Kellett, Highside Capital, Glenview Capital and Chesapeake Partners, who collectively reported an 18.2% stake in Clearwire, stated in a regulatory filing that they continue to believe that the proposed price offered by Sprint (S) for Clearwire is too low.
14:06 EDTSGoogle’s X Phone confirmed for Sprint, BGR says
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13:04 EDTUBSUBS to face whistle-blower suit brought by strategist, Bloomberg says
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11:57 EDTPKTProcera Networks management to meet with Needham
Meeting to be held in San Francisco on May 28 hosted by Needham.
10:00 EDTUBSOn The Fly: Analyst Downgrade Summary
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09:09 EDTSClearwire board recommends holders vote for increased offer from Sprint
Clearwire (CLWR) announced that its Special Committee of the board have each approved the revised offer from Sprint (S) to acquire the approximately 50% stake in the company it does not currently own for $3.40 per share. The Special Committee of the board determined that the revised offer, when compared with other potential transactions reasonably available to the company at this time, is the most favorable potential transaction to the company's unaffiliated stockholders and that the terms of the revised offer are advisable, fair to and in the best interest of such stockholders. The Clearwire board recommends that stockholders vote their shares FOR all of the proposals relating to the transaction with Sprint by returning the WHITE proxy card with a "FOR" vote for all proposals.
07:29 EDTFIOFusion-io calls volatility flat, shares near record low
Fusion-io overall option implied volatility of 56 is near its 26-week average of 55 according to Track Data, suggesting non-directional price movement into the company may be in play after valuation decline, Bloomberg reports.
07:22 EDTFIOFusion-io may be in play after valuation decline, Bloomberg reports
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